Major Rating Factors:
Weak overall results on stability tests (2.7 on a scale of 0 to 10). Fair Liquidity (4.6) as cash from operations and sale of marketable assets may not be adequate to cover a spike in claims or a run on policy withdrawals. Good capitalization (6.4) based on good risk adjusted capital (severe loss scenario). Moreover, capital levels have been consistent over the last five years.
Other Rating Factors:
Good quality investment portfolio (5.1). Excellent profitability (8.2).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
Principal Lines of Business:
Ind annuities (55.2%), ind health (27.6%), group health (0.5%), other (16.6%)
Licensed in:
All states except NY, PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
CNO Financial Group Inc
Investment Rating
Company Address
111 EAST WACKER DRIVE STE 2100
CHICAGO, IL 60601
CHICAGO, IL 60601
Phone Number
(312) 396-6000
NAIC Number
61263
Website
Largest Affiliates
